SoldNov 28, 2020

Victor Drive Hastings VIC 3915

$610,000

4
2
2
701 m²

House

30+ days on the market

Sold: Nov 28, 2020

PRIME LOCATION. LEASED TO DHA UNTIL 2022 + 3 YR OPTION.

This terrific property offers the astute investor a great opportunity for good capital growth. Currently leased to Defence Housing on a long term lease which expires in 2022 with a 3 yr option which would take it through until 2025. Renting at $450 PW with the annual rent review due again in December. Conveniently located in a sought after area of Hastings, tucked away in a private cul-de-sac, among beautiful surrounds, this wonderful home is close to stunning beaches, coastal walks, world-class wineries and excellent schools within walking distance. DHA homes offer investors good peace of mind and a fuss-free, stress-free investment. PROPERTY FEATURES: * 4 good size bedrooms inc Main with Walk-in robe and ensuite * 2 Separate living areas * Outdoor entertaining area * Double lock up garage with internal access * Security Screens throughout * 701sqm block * Built 2009 LEASE DETAILS : * Lease edition Edition 6B * Lease start date 12/07/2010 * Lease end date 12/07/2022 * Lease option 1 x up to 36 months * Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension RENT : $450PW and assessed again in December DHA LEASE BENEFITS: * Guaranteed rent paid on time every time regardless of whether the house is tenanted * Annual independent rent reviews * Most non structural maintenance paid for by DHA * The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement). * Zero re-letting fees RATES : Council approx $TBC Water approx $TBC These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no-fuss investment property; let DHA do all the hard work for you. * Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents - the Defence Properties specialists. * In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers. * Photos are supplied under agreement by DHA and are for illustration purposes only. ***The rent displayed is the 2020 rental figure, please note, DHA has recently performed a rent revaluation on this property. Please enquire with the agent to confirm the 2021 rental figure***

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